AsiaSat Board business Sample Clauses
The 'AsiaSat Board business' clause defines the scope of matters and activities that are to be addressed, discussed, or decided by the board of directors of AsiaSat. This typically includes decisions on company strategy, approval of major transactions, oversight of management, and compliance with legal or regulatory requirements. By clearly outlining what constitutes board business, the clause ensures that important issues are brought to the board’s attention and handled at the appropriate level, thereby promoting effective governance and preventing unauthorized or informal decision-making.
AsiaSat Board business. The ‘X’ Shareholders and ‘Y’ Shareholders shall cooperate with a view to ensuring that a Board meeting will be convened and held prior to every AsiaSat Board meeting to discuss the matters requiring discussion at the AsiaSat Board meeting. Subject always to legal and/or fiduciary duties of the individual AsiaSat Directors, each ‘X’ Shareholder and ‘Y’ Shareholder shall use all reasonable endeavours to ensure that those AsiaSat Directors appointed by it shall vote at the AsiaSat Board in accordance with the agreement or understanding reached at the earlier Board meeting (the proceedings of which shall be conducted in accordance with Clause 5).